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Bermuda, Georgia are the latest to offer a remote working abroad option

July 25, 2020
4 min read
Bermuda, Georgia are the latest to offer a remote working abroad option
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While countries are busy debating over opening themselves to tourists, there's a growing trend of opening to remote workers who could stay for a longer period of time.

After Barbados amended its immigration rules to allow foreigners to live there and work remotely for a year, Bermuda and Georgia decided to follow suit.

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Colorful homes and hotels on this hillside in Hamilton, Bermuda. (Photo by andykazie / Getty Images)
Colorful homes and hotels on a hillside in Hamilton, Bermuda. (Photo by andykazie / Getty Images)

Bermuda's government is offering a year-long residency certificate for any digital nomads and students seeking to either work or study remotely in Bermuda starting Aug. 1.

Related: The best credit cards for digital nomads and long-term travelers

An applicant has to pay a $263 fee and meet the following criteria:

  • Be over the age of 18
  • Demonstrate good character and not have conviction for an indictable offense
  • Possess valid health insurance
  • If a remote worker, demonstrate employment with a company or own firm registered and operating overseas (should not operate in Bermuda)
  • If a student, provide evidence of enrollment in a post-secondary education program
  • Demonstrate sufficient means and/or continuous source of income

As part of the changes, Bermuda is also extending its tourist visa stay from 90 days to 180 days.

Related: How Amex is saving me money on a trip to Bermuda

Tbilisi, Georgia's unique and intriguing capitol city. Photo courtesy of Shutterstock.
Tbilisi, Georgia's unique and intriguing capital city. (Photo by Shutterstock)

While Georgia has not fully developed its plans, it too is planning to offer its own residency programs for foreigners hoping to conduct remote work there. The project, according to the government's news site, is specifically targeting freelancers and self-employed foreigners.

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While the application has not been released, foreigners hoping to apply can expect to provide personal information, a certificate of employment, proof of travel insurance (valid for six months) and acknowledgement of a 14-day quarantine at their own expense.

Travelers must submit the application and obtain relevant confirmation documents prior to arriving in Georgia. It is expected to show on the Ministry of Economy website once the application goes live.

The country's new policy comes as it hopes to reopen to tourists by July 31, as reported by Travel Off Path.

Related: 5 things to love about Tbilisi, Georgia

Traveling while doing your day job, referred to as destination coworking, isn't such a remote concept. But in this day and age of border restrictions and quarantine requirements even for domestic traveling, stepping outside the front door can be a daunting task.

As a way to encourage tourism while protecting public health, countries are using these long-term residency programs as a way to support their tourism industries. The idea is to bring much-needed economic activity by offering foreigners the chance to leave their current surroundings without having to sacrifice any short-term public health measures such as quarantines.

However, not all workers may want to tinker with the idea for reasons like technological issues. In that case, some countries are still opening up for short-term visitors with many conditions attached — which TPG has been covering since the onset of the outbreak.

Related: Country-by-country reopening guide

Featured image by (Photo by TheVisualsYouNeed/Shutterstock)

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Apply for Credit One Bank Wander® Card
at Credit One Bank's secure site
Terms & restrictions apply. See rates & fees
Best for earning alternative rewards for travel purchases
TPG Editor‘s Rating
Card Rating is based on the opinion of TPG‘s editors and is not influenced by the card issuer.
3 / 5
Go to review

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10XEarn 10x points on eligible hotels and car rentals booked through the Credit One Bank travel partner site
5XEarn 5x points on eligible travel, dining, and gas
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    Earn 10,000 bonus points after spending $1,000 on eligible purchases in the first 90 days and redeem for a $100 statement credit, gift cards, or travel

    Earn 10,000 Bonus Points
  • Annual Fee

    $95
  • Recommended Credit
    Credit ranges are a variation of FICO© Score 8, one of many types of credit scores lenders may use when considering your credit card application.

    Fair/Good

Why We Chose It

The revamped Wander Card from Credit One Bank earns cardmembers up to 10 points per dollar spent on eligible travel purchases. With no foreign transaction fees, the card is also great for international travel. However, points earned from this card can only be used at a fixed value, so it may not be the best option for those striving to get maximum value from their rewards.

Pros

  • This card has no foreign transaction fees and earns up to 10 points per dollar on travel purchases through the Credit One Bank travel partner site.

Cons

  • While cardholders can earn a significant amount of points on travel purchases, there isn't any way to redeem points from the Wander Card for maximum value (beyond 1 cent per point).
  • Earn 10,000 bonus points after spending $1,000 on eligible purchases in the first 90 days and redeem for a $100 statement credit, gift cards, or travel
  • Earn 10x points on eligible hotels and car rentals booked through the Credit One Bank travel site
  • Earn 5x points on eligible travel, dining, and gas
  • Earn 1x points on all other purchases
  • Redeem your reward points for statement credits, gift cards, merchandise, flights, hotels, and more
  • With $0 Fraud Liability, you won’t be responsible for unauthorized charges
  • Free Online Credit Score and Credit Report summary, terms apply
  • If you are a Covered Borrower under the Military Lending Act, you may get a different offer
  • See Rates & Fees